Summary

Donald Trump declined to rule out a U.S. recession in 2025, citing a “period of transition” due to his trade policies.

When asked if tariffs would fuel inflation, he acknowledged the possibility but pointed to lower interest rates.

Despite stock market volatility, he insisted “you have to do what’s right.” The Atlanta Federal Reserve warned of economic contraction, raising recession fears.

Commerce Secretary Howard Lutnick dismissed concerns, predicting strong growth. Trump’s stance contrasts with his past claims that trade wars are “good and easy to win.”

  • hypna@lemmy.world
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    17 hours ago

    Sure there’s the maga cultists, but that is not the majority of people who voted for Trump. I honestly think a self-inflicted recession may turn out to be a good thing.

    Right now Trump is behaving like, and being treated by the opposition like he’s invincible. But I do not think we are at the point where maga has such a hold on power that they can withstand being broadly unpopular. There is still a lot of the government and civil society that remains intact, and could be a platform for stopping the authoritarian takeover, but they are going to need a huge amount of public support. Causing a recession when your mandate was to improve the economy may be enough for this.

    The longer this festers, the more maga will be able to destroy or compromise the state and civil society. I think we need to force the crisis sooner rather than later.

    • obviouspornalt@lemmynsfw.com
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      15 hours ago

      Yes, sooner rather than later is the Project 2025 plan. They need violence to break out soon in order to get martial law in place so that the '26 midterm elections are suspended.